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The gubmint decides that, since they can't sell and acre of lease due to the low price of oil, they need something to get some drilling done. Therefore they offer "no royalty" leases at a time oil is selling for under $20/bbl. They sold their leases. making a mint on the sale, wells were drilled that otherwise would not have been and the public had gasoline for their cars.

“The Deep Water Royalty Relief Act was a good example of sound, constructive energy policy that was very successful in establishing a reliable source of domestically produced energy,” said John Christiansen, spokesman for Anadarko. “Without the DWRRA incentives that spurred these long-term investments, much of the domestic production in these frontier areas of the deep-water Gulf of Mexico would not exist today.”

Moreover, he said, the lease bonuses, royalties and income taxes on deep-water production paid to the federal government from other wells still total in the billions of dollars “and have grown markedly since 1995.”

Another useless individual.....

It's not how old you are, it's how you got here.It's been a long road and not all of it was paved.A man is but a product of his thoughts. What he thinks, he becomes. Gandhi